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24 February 2024 | 5 replies
The added benefit is the equity you have now created in your personal residence that can avoid capital gains taxes if you live there for at least two years.
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24 February 2024 | 27 replies
However, in my market a nice unit can easily collect $120,000+ in rent (not taxes, fees, or other pass through costs) and when the locals demand 35% commission my 20% is a steal and isn’t a whole lot more work for the 25k+ a year I’m making per property.
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21 February 2024 | 2 replies
Hey bigger pockets, I was just wondering what some older more experienced real estate investors thought about the idea of buying tax deeds.
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21 February 2024 | 8 replies
Alden Global Capital, known for owning the Chicago Tribune, has invested in Chicago's delinquent property taxes.
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23 February 2024 | 1 reply
Someone who works out of state with fire and government jobs but maintains permanent residency in home state with intent to return on taxes, license, etc.
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21 February 2024 | 2 replies
Is he required to issue me a 1099 form for rental income for 2023 taxes?
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21 February 2024 | 4 replies
I am wondering if I can save some money and just do the tax myself by using TurboTax Business, especially because it's the first year of LLC with only a couple of expense items?
23 February 2024 | 7 replies
Then, you sell and keep the profits tax-free because of the capital gains exclusion.